News Corp B (NWS)
Number of days of payables
| Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | 3.22 | 6.82 | 10.85 | 11.66 | 18.46 | 21.55 | 24.01 | 17.98 | 13.27 | 14.56 | 19.08 | 16.83 | 14.14 | 18.09 | 16.17 | 18.10 | 17.17 | 14.90 | 17.49 | 16.26 | |
| Number of days of payables | days | 113.32 | 53.48 | 33.63 | 31.30 | 19.77 | 16.94 | 15.20 | 20.31 | 27.50 | 25.06 | 19.13 | 21.69 | 25.81 | 20.18 | 22.58 | 20.17 | 21.26 | 24.49 | 20.86 | 22.44 |
June 30, 2025 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 3.22
= 113.32
The number of days of payables for News Corp B has demonstrated notable fluctuations over the analyzed period from September 2020 through June 2025. Initially, the metric ranged from a low of approximately 19.13 days in December 2022 to a high of around 27.50 days in June 2023. Throughout 2020 and 2021, the days of payables generally hovered between approximately 20 and 24 days, indicating relatively stable payment behaviors within a narrow range.
In 2022, the payables period maintained similar levels, with values such as 19.13 days in December 2022 and an increase to about 25.06 days by March 2023, reflecting a slight extension in payment cycles. However, subsequent quarters exhibited more significant variations: a decrease to roughly 20.31 days in September 2023, followed by a sharp decline to 15.20 days at the end of December 2023.
The first half of 2024 saw incremental increases, with payables increasing to approximately 16.94 days in March and reaching around 19.77 days in June. Nevertheless, a marked upward trend resumed thereafter, with the payables period extending substantially: to approximately 31.30 days in September 2024 and further to 33.63 days in December 2024. This trend accelerated dramatically by March 2025, reaching 53.48 days, and continued to a peak of approximately 113.32 days by June 2025.
Overall, the historical data indicates periods of relative stability in the payables cycle, interspersed with periods of modest increases. However, the most recent data reveals a significant elongation of payment periods, especially in the first half of 2025, suggesting potential changes in payment policies, cash management strategies, or supplier relationship dynamics. The escalation to over 113 days signifies a substantial deviation from earlier norms and warrants further investigation into the underlying reasons and implications for the company's liquidity and operational strategies.
Peer comparison
Jun 30, 2025